H2 Econs Tuition - Microeconomics - Understanding Market Structures

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This video shows students a recommended approach to understanding this challenging topic, i.e. students should be prepared to use an understanding of the different features of market structures to explain and evaluate the respective firms’ behaviour and performance.
However, essay questions do not necessarily have to revolve around firm behaviour and performance. An entire question could be set on any of the following smaller concepts: (i) Barriers to entry; (ii) Price discrimination; and (iii) Economies of scale. Hence, students need to be familiar with the content underlying these concepts as well.
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